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Santos Vicenta

Update on Santos Vicenta

Santos got married 7 years ago. She attended a school in the community up to the 6th grade of basic education as her parents were not able to help her continue with her studies. Her husband works in handicrafts, weaving hammocks of silk, poly silk and cotton husk fiber. He also works in agriculture. Her children are 2 and 6 years old.

Santos makes a living in handicrafts independently since she got married and formed her own family. She learned the job earlier thanks to her parents who taught her from the age of eight.

She decided to start her own business making hammocks as she had to help support her family and in this way obtain financial income. She has also worked raising small animals (pigs and poultry). With these two jobs she struggles every day to get her children ahead as well as her parents as she is always keeping an eye on them.

She works every day from six in the morning until various hours in the night so that in this way she can move forward making hammocks. Her husband helps her after he comes from his work in the fields.

The loan that she is requesting from CrediCampo is for the purchase of wood, sheet metal and tile to improve her house as part of it is in poor condition due to the past winter, part of the wood was damaged and water got into the house which meant she had to leave and go to where her parents are to seek shelter.

With these things her house will be a lot more secure as the roof will be in better condition and she will put sheet metal and wood on the walls.

She will also purchase 100 pounds of silk thread to make hammocks.

Her dream is to raise her children and give them the education that she wasn’t able to have so that they can be people who are a benefit to society. She hopes to obtain greater financial income to be gradually increasing her sales and to give her family a better future.
View original language description ↓
Santos, se casó hace 7 años, estudio en la escuela de la comunidad hasta sexto grado de la educación básica, ya que sus padres no pudieron ayudarle a continuar con sus estudios, su esposo trabaja en las artesanías tejiendo hamacas de seda, poliseda y de cascarilla, además trabaja la agricultura. Sus hijas tienen 2 y 6 años de edad.
Santos se dedica a las artesanías independientemente, desde que se casó y formo su propia familia, antes ella aprendió el oficio gracias a sus padres quienes le enseñaron desde los ochos años de edad.
Se decidió iniciar con el negocio de las hamacas, pues tenía que ayudar a su familia con el sustento y así obtener ingresos económicos, también se ha dedicado a la crianza de especies menores (cerdos y aves de corral), con los cuales ella lucha día a día para sacar adelante a sus hijos y a sus padres pues ella siempre esta pendientes de ellos cada momento.
Trabaja todos los días, desde las seis de la mañana hasta horas de la noche para así avanzar en la elaboración de las hamacas, su esposo le ayuda después de que el viene de trabajar de la agricultura.
El préstamo que esta solicitando a CREDICAMPO, es para la compra de madera, lamina y teja, para mejorar su casa, ya que parte de ella está en mal estado, debido al invierno que paso, parte de la madera se dañó y el agua se le metía a la vivienda la cual tenía que irse para donde sus padres a pedir posada.
Con ello su casa será mucho más segura, pues el techo estará en mejores condiciones, las paredes le pondrá lamina y madera.
También comprara 100 libras de hilo de seda para elaborar hamacas.
El sueño es crecer a los hijos y darles el estudio que ella no pudo tener, para que sean personas de provecho para la sociedad, espera obtener ingresos económicos mayores para ir incrementando poco a poco las ventas y darle a la familia un futuro mejor.

Previous Loan Details

Santos is 34 years old, married, and has two children. Santos has been weaving hammocks since she was very young. Her parents taught her to do this work. Every day, Santos makes hammocks and, in the afternoons, she sells bread and tamales to make income for her family. Santos buys her mat... More from Santos Vicenta's previous loan »

Additional Information

About CrediCampo

This loan is administered by CrediCampo, a Kiva Field Partner in El Salvador. CrediCampo seeks to improve the lives of rural communities and their families in areas including health, education, basic services, and infrastructure. Through its Community Development Unit, CrediCampo provides scholarships, leadership development training, and financial education programs for families in rural areas. CrediCampo’s work is crucial in addressing the issue of poverty in El Salvador. Based on 2009 estimates, 37.8% of the population lives below the poverty line. To learn more about CrediCampo and their work, visit their partner page.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 480
    View loans »
    El Salvador Loans Fundraising
  • $23,323,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Santos Vicenta to purchase wood, sheet metal and tile to improve her house and 100 pounds of silk thread to make hammocks.
32% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2014
Listed
Jan 23, 2014
Currency Exchange Loss:
N/A